The Value of Investing in Canadian Downtowns - International ...
The Value of Investing in Canadian Downtowns - International ...
The Value of Investing in Canadian Downtowns - International ...
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Municipal Investments<br />
(mapped <strong>in</strong>vestments only)<br />
Portion <strong>of</strong> Municipal Investments<br />
(by mapp<strong>in</strong>g category)<br />
Top Two<br />
Investments<br />
<strong>in</strong> Downtown<br />
($)<br />
Downtown London<br />
Downtown London - Municipal Investments - 1998 - 2011<br />
Arts and Enterta<strong>in</strong>ment $ 52,800,000<br />
Commercial and Conference Facilities $ 57,400,000<br />
Educational $ 52,500,000<br />
Parks and Open Space $<br />
9,600,000<br />
Community Facilities and Services $<br />
1,800,000<br />
Total $ 174,100,000<br />
This data was compiled by the City <strong>of</strong> London, based on a list <strong>of</strong> major capital projects <strong>in</strong><br />
the Downtown (1998-2011). <strong>The</strong>re could be other smaller scale improvements that have<br />
not been captured <strong>in</strong> this data. Additionally, this data does not reflect <strong>in</strong>dividual grants,<br />
loans or <strong>in</strong>centives issued <strong>in</strong> the Downtown by the City <strong>of</strong> London.<br />
Arts and<br />
Enterta<strong>in</strong>ment<br />
Commercial and<br />
Conference Facilities<br />
Educational<br />
Parks and Open<br />
Space<br />
Community Facilities<br />
and Services<br />
John Labatt<br />
Centre ~$52.8M<br />
Investment <strong>in</strong> a<br />
multipurpose<br />
enterta<strong>in</strong>ment<br />
venue that hosts<br />
sport<strong>in</strong>g events<br />
and concerts.<br />
London<br />
Convention<br />
Centre ~$40.5M<br />
Investment <strong>in</strong> a<br />
venue to hold<br />
conventions.<br />
Downtown Edmonton<br />
Downtown Edmonton - Municipal Investments - 2002-2011<br />
Arts and Enterta<strong>in</strong>ment $ 22,761,000<br />
Commercial and Conference Facility $ 47,303,000<br />
Civic Spaces and Streetscapes $<br />
4,528,000<br />
Community Facilities and Services $<br />
4,941,000<br />
Educational $ 20,170,000<br />
Parks and Open Space $ 36,983,000<br />
Total $ 136,686,000<br />
This data was compiled by the City <strong>of</strong> Edmonton, based on a list <strong>of</strong> all capital expenditure<br />
between 2002-2011. <strong>The</strong>re could some citywide projects that benefit the downtown that<br />
have not been captured <strong>in</strong> this data. Additionally, this data does not reflect <strong>in</strong>dividual<br />
grants, loans or <strong>in</strong>centives issued <strong>in</strong> the Downtown by the City <strong>of</strong> Edmonton.<br />
Arts and<br />
Enterta<strong>in</strong>ment<br />
Commercial and<br />
Conference<br />
Facility<br />
Civic Spaces<br />
and<br />
Streetscapes<br />
Community<br />
Facilities and<br />
Services<br />
Educational<br />
Shaw Conference<br />
Centre ~ $47.3M<br />
Investment <strong>in</strong> a<br />
venue to hold<br />
conventions.<br />
Louise Mck<strong>in</strong>ney<br />
Riverfront Park<br />
~$36.7M<br />
Investment <strong>in</strong><br />
Downtown’s<br />
waterfront park.<br />
Downtown Saskatoon<br />
Downtown Saskatoon - Municipal Investments - 1998 - 2011<br />
Development Incentives $ 49,890,696<br />
Arts and Enterta<strong>in</strong>ment $ 15,289,159<br />
Civic Spaces and Streetscapes $ 29,220,732<br />
Total $ 94,400,588<br />
This data was compiled by the City <strong>of</strong> Saskatoon based on a list <strong>of</strong> major capital projects<br />
<strong>in</strong> the Downtown (1998-2011). <strong>The</strong>re could be other smaller scale improvements that have<br />
not been captured <strong>in</strong> this data. Additionally, this data does not reflect <strong>in</strong>dividual grants,<br />
loans or <strong>in</strong>centives issued <strong>in</strong> the Downtown by the City <strong>of</strong> Saskatoon.<br />
Development<br />
Incentives<br />
Arts and<br />
Enterta<strong>in</strong>ment<br />
Civic Spaces<br />
and<br />
Streetscapes<br />
River Land<strong>in</strong>g<br />
~$50M<br />
Investment <strong>in</strong> an<br />
emerg<strong>in</strong>g mixed<br />
use community at<br />
the river front.<br />
25 Street<br />
Redevelopment<br />
~$21.5M<br />
Investment <strong>in</strong> an<br />
emerg<strong>in</strong>g mixed<br />
use neighbourhood<br />
at the north end <strong>of</strong><br />
the downtown<br />
30